The Value Added Tax (Amendment) Act, 2021 (Act 1072) introduces key legislative refinements to Ghana’s VAT system, strengthening compliance, streamlining administration, and reinforcing the government's efforts to improve do
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The Value Added Tax (Amendment) Act, 2021 (Act 1072) introduces key legislative refinements to Ghana’s VAT system, strengthening compliance, streamlining administration, and reinforcing the government's efforts to improve domestic revenue mobilization.
This amendment reflects a commitment to revenue efficiency and economic resilience, supporting the Ghana Revenue Authority (GRA) in broadening the tax base while ensuring that VAT collection becomes more transparent, digitized, and equitable.
The act covers changes in thresholds, exemptions, filing obligations, and enforcement mechanisms, making it a must-read for tax practitioners, accountants, business owners, and policy stakeholders seeking up-to-date legal guidance on VAT.
✅ Key Highlights
• Updates to VAT registration and filing thresholds
• Revised conditions for exemptions and input tax claims
• Reinforces digital recordkeeping and enforcement provisions
• Supports revenue mobilization under Ghana’s economic recovery strategy
Attribute | Value |
---|---|
Title | Value Added Tax (Amendment) Act, 2021 (Act 1072) |
Format | Paperback |
Weight | 0.350 kg |
Tags | Act 1072, VAT Ghana, Tax Law, GRA, Value Added Tax Amendment, Tax Compliance, Ghana Acts, Parliament, Law Textbook |
SKU | BK6638 |